MFI-Miami Has What It Takes To Fight Wall Street!


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1st Freddie Mac Fire Sale Of 2018 Announced

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1st Freddie Mac Fire Sale Of 2018 Announced. $420 Million Of Non-Performing Loans Up For Auction Freddie Mac has announced the first Freddie Mac fire sale of 2018. The auction will consist of seasoned non-performing loans held in Freddie Mac's mortgage investment portfolio. Shellpoint Mortgage Servicing is the servicer of the loans. The Freddie Mac Fire Sale consists of four mortgage pools. The sale contains three standard pool offerings and one extended timeline pool offering. The later auction targets participation by smaller investors including nonprofits and minority or female-owned businesses. Freddie Mac announced bids for the standard pools are due from qualified bidders on March 13, 2018. The GSE also announced a deadline of March 27, 2018, for the EXPO pool. Freddie Mac is also requiring bidders to complete a qualification package in order to bid. The GSE also stated bids must be made on an all-or-none basis. Bidders can bid on any pool separ...
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Staten Island Foreclosure Defense Call 917.426.5958

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SLS COVID-19 Foreclosure Defense Hotline! Call 888.737.6344

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